Star Group
SGU
63 hedge funds and large institutions have $296M invested in Star Group in 2018 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 21 increasing their positions, 10 reducing their positions, and 5 closing their positions.
220% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 5
110% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 10
50% more funds holding in top 10
Funds holding in top 10: 6 → 9 (+3)
21% more funds holding
Funds holding: 52 → 63 (+11)
8.56% more ownership
Funds ownership: 48.08% → 56.64% (+8.6%)
2% more capital invested
Capital invested by funds: $289M → $296M (+$7.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BP
Bandera Partners
New York
|
+$8.65M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$8.29M |
| 3 |
Renaissance Technologies
New York
|
+$7.3M |
| 4 |
MCP
Moab Capital Partners
Southampton,
New York
|
+$7.29M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$5.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$8.92M |
| 2 |
JIR
James Investment Research
Alpha,
Ohio
|
-$2.09M |
| 3 |
SGM
Skye Global Management
West Palm Beach,
Florida
|
-$1.5M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$1.22M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$607K |
SGU Hedge Fund Activity: Q1 2018 in Review
63 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Star Group (SGU) for Q1 2018, worth a combined $296M — up 2.5% from $289M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new SGU positions and 5 closed out — a net gain of 11 holders — while 21 added to existing stakes and 10 trimmed.
The largest buyer was Bandera Partners, adding an estimated $8.65M. The largest seller was Royce & Associates, cutting an estimated $8.92M.
- 63 institutional investors held Star Group (SGU) as of Q1 2018, up from 52 in Q4 2017.
- Funds reported $296M of Star Group stock for Q1 2018, up 2.5% quarter-over-quarter.
- 16 funds opened new Star Group positions in Q1 2018 and 5 closed out, a net change of +11 holders.
- The largest Star Group buyer in Q1 2018 was Bandera Partners, an estimated $8.65M added.
- The largest Star Group seller in Q1 2018 was Royce & Associates, an estimated $8.92M sold.
Based on aggregated 13F filings for Q1 2018.